There’s an interview here

There’s an interview here from last year with Paul Mattick Jnr who puts an opposite view : that the present crisis has been caused by a fall in the rate of profit caused by capital-intensive technical development or rather by the failure to overcome this by  personal and government borrowing and spending. Not too sure that this is entirely convincing, but the conclusion he draws from it that the only capitalist way-out of the crisis is austerity seems sound enough.The trouble is he spoils it by suggesting that workers ignore or take on the state by helping themselves to food, housing, etc whereas the obvious lesson is to organise politically to win control of the state and abolish capitalism that way (while of course fighting a rearguard action to try to slow down austerity). As we’ve always said, if workers are not prepared to vote for something they’re even less likely to take so-called “direct action” to get it.